News Details

Racing Point: Leave for employees and drivers surrender salary voluntarily

According to the BBC, Racing Point is the third race stable in Formula 1 that has decided to send part of its staff on temporary leave. Journalist Andrew Benson will announce this on Monday afternoon via his Twitter channel. So the team of millionaire Lawrence Stroll also has to cut costs. One of the things the British formation wants to do is send staff home. How many employees are involved, has not (yet) been brought out. Earlier, McLaren and Williams announced that they would do the same. Read more Williams: 'Salary cut Russell and Latifi, staff put on leave' Lance Stroll and Sergio Perez, as drivers, are said to be giving up part of their salary on a voluntary basis. This type of...
Full Story »
5y ago from GPBlog.com 0
Share

You May Also Be Interested In...

Williams puts employees on temporary leave amid...

Williams is the second F1 team after McLaren to put part of its staff on...
5y ago from F1i.com

Williams: 'Salary cut Russell and Latifi, staff put on...

Following in the footsteps of the McLaren team, Williams has now also...
5y ago from GPBlog.com

COVID-19: McLaren staff furloughed, drivers take pay...

McLaren became the first Formula 1 team to furlough staff because of the...
5y ago from GrandPrix247.com

Sainz and Norris take pay cut as McLaren puts staff on...

Carlos Sainz and Lando Norris will see their 2020 retainer reduced as...
5y ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

Marco Bezzecchi details the key difference between...

Marco Bezzecchi took his third MotoGP win of 2025 in Valencia and...

Popular On IndyCarToday.com

Ryan Hunter-Reay joins Arrow McLaren for 2026 Indy 500

Arrow McLaren has announced that veteran Ryan Hunter-Reay will join the...

RLL locks in Louis Foster with extended IndyCar...

Rahal Letterman Lanigan Racing has announced an extension to its contract...

Popular On TotalWRC.com

Popular On GunnersToday.com

Brazil issue fresh injury update on Gabriel Magalhaes...

The Brazil national team has issued a statement with regards to the injury...
2h ago from SportsKeeda.com

Arsenal officials in Spain to watch LaLiga winger with...

Representatives from Premier League side Arsenal have reportedly travelled...
2h ago from SportsKeeda.com

Interlull ‘On This Day'

Morning, it's very Interlully, so let's do a bit of ‘On this day' to...
6h ago from Arseblog.com

Arsenal told what they need to do if they want to sign...

Antoine Semenyo is one of the most sought-after players going into the...
17h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.